19. In April 2013, General Electric (GE) had a book value of equity of $123 billion, 10.3...

Question:

19. In April 2013, General Electric (GE) had a book value of equity of $123 billion, 10.3 billion shares outstanding, and a market price of $23 per share. GE also had cash of $90 billion, and total debt of $397 billion.

a. What was GE's market capitalization? What was GE's market-to-book ratio?

b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?

c. What was GE's enterprise value?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

See More Books

Question Posted: Oct 18, 2024 02:00 PM

See More Questions

Dave In December 2015, General Electric (GE) had a book value of equity of $97 4 billion, 9.2 billion shares outstanding and a market price of S28 19 per share GE also had cash of $100.1 billion, and...
In December 2018, General Electric (GE) had a book value of equity of $52.0 billion, 8.7 billion shares outstanding, and a market price of $8.00 per share. GE also had cash of $70.0 billion, and...
In December 2015. General Electric (GE) had a book value of equity of $97.1 billion, 9.6 billion shares outstanding and a market price of $29.94 per share GE also had cash of $101.9 billion, and...
Determine the real roots of (x) = - 1 + 5.5x 4x2 + 0.5x3: (a) Graphically and (b) Using the Newton-Raphson method to within s = 0.01%.
A file contains only colons, spaces, newlines, commas, and digits in the following frequency: colon (100), space (605), newline (100), comma (705), 0 (431), 1 (242), 2 (176), 3 (59), 4 (185), 5...
How would each of the following scenarios affect a firm?s cost of debt, rd(1 ? T); its cost of equity, r s ; and its WACC? Indicate with a plus (+), a minus (?), or a zero (0) if the factor would...
19. In April 2013, General Electric (GE) had a book value of equity of $123 billion, 10.3 billion shares outstanding, and a market price of $23 per share. GE also had cash of $90 billion, and total...
On November 1, 2017, the account balances of Hamm Equipment Repair were as follows. During November, the following summary transactions were completed. Nov. 8 Paid $1,700 for salaries due employees,...
Q1{c] [3 marks] List all the possible ways in which a counter starting on X can make exactly 3 visits to Y before the game ends. Beside each of these, record the probability of that journey. and add...
16. See the cash flow statement below (all values in thousands of dollars) (see MyFinanceLab for the data in Excel format): a. What were the company's cumulative earnings over these four quarters?...
20. In April 2013, Apple had cash of $39.14 billion, current assets of $63.34 billion, and current liabilities of $35.51 billion. It also had inventories of $1.25 billion. a. What was Apple's current...
A company introduced a teddy bear for Valentines Day called Crazy for you. This toy aroused the ire of mental health advocates because a straitjacket restrains the cuddly bears paws and the stuffed...
Plato Theory of Education?
One strategy in a snowball fight is to throw a snowball at a high angle over level ground. While your opponent is watching the first one, a second snowball is thrown at a low angle timed to arrive...
Using Gauss-Jordan elimination, invert this matrix ONLY 0 0 0 0 1

19. In April 2013, General Electric (GE) had a book value of equity of $123 billion, 10.3...

Question:

Step by Step Answer:

Fundamentals Of Corporate Finance

Students also viewed these Business questions